The Blockchain Group (XPAR:ALTBG) Days Payable : 94.91 (As of Jun. 2023)

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What is The Blockchain Group Days Payable?

The Blockchain Group's average Accounts Payable for the six months ended in Jun. 2023 was €5.73 Mil. The Blockchain Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €11.03 Mil. Hence, The Blockchain Group's Days Payable for the six months ended in Jun. 2023 was 94.91.

The historical rank and industry rank for The Blockchain Group's Days Payable or its related term are showing as below:

XPAR:ALTBG' s Days Payable Range Over the Past 10 Years
Min: 80.25 Med: 125.44 Max: 232.87
Current: 84.11

During the past 13 years, The Blockchain Group's highest Days Payable was 232.87. The lowest was 80.25. And the median was 125.44.

XPAR:ALTBG's Days Payable is not ranked
in the Software industry.
Industry Median: 50.36 vs XPAR:ALTBG: 84.11

The Blockchain Group's Days Payable increased from Jun. 2022 (73.97) to Jun. 2023 (94.91). It may suggest that The Blockchain Group delayed paying its suppliers.

The Blockchain Group Days Payable Historical Data

The historical data trend for The Blockchain Group's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Blockchain Group Days Payable Chart

The Blockchain Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

232.87

189.11

93.27

95.03

80.25

The Blockchain Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															242.35	116.49	73.97	74.20	94.91

Competitive Comparison of The Blockchain Group's Days Payable

For the Software - Application subindustry, The Blockchain Group's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Blockchain Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, The Blockchain Group's Days Payable distribution charts can be found below:

* The bar in red indicates where The Blockchain Group's Days Payable falls into.

The Blockchain Group Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

The Blockchain Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (5.055	+	5.296)	/	2 )	/	23.54	*	365
=	5.1755					/	23.54	*	365
=	80.25

The Blockchain Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (5.296	+	6.173)	/	2 )	/	11.027	*	365 / 2
=	5.7345					/	11.027	*	365 / 2
=	94.91

The Blockchain Group Days Payable Related Terms

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The Blockchain Group (XPAR:ALTBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Blockchain Group (XPAR:ALTBG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Rue Barthelemy Danjou, Boulogne-Billancourt, Paris, FRA, 92100

Website

https://www.theblockchain-group.com

The Blockchain Group specializes in integrated services delivery, dedicated to supporting Blockchain companies and entrepreneurs in the exploitation of this technology. The group offers information, consulting, ICO (Initial Coin Offering) marketing and technology services through three business units: the Blockchain Land, the Blockchain XDev, and ICO Global Partners.

The Blockchain Group (XPAR:ALTBG) Headlines

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